News

Instances of non-performing Irish homeloans are set to reduce further over the remainder of 2015, according to leading international credit rating agency, Fitch. In its latest mortgage market index for Ireland, the agency says it sees bad debt levels continuing […]

Revenue is to take on an additional 400 staff by the end of the year as it scales up its regulatory and compliance capabilities and looks to maintain its strong performance over the past number of years. It is recruiting […]

The eurozone economy is on a recovery path, according to all but a handful of forecasters polled by Reuters who also gave a slightly more than one-in-four chance of Greece leaving the currency union. Economists are more optimistic about a […]

The State’s newly created investment fund has announced that it expects to commit between €500m and €1bn to investments in Ireland over the rest of the year. The Ireland Strategic Investment Fund, which is controlled and managed by the National […]

Permanent TSB Group has warned potential investors that a return to profit may be at risk from political pressure to cut interest rates and a potential British exit from the EU. PTSB may be forced to lower its existing 4.5% […]

Government debt in the eurozone has surged to the highest levels since the introduction of the single currency, underscoring the challenges still confronting the 19-nation bloc as it wrestles with Greece over new aid payments. Greece’s debt pile swelled to […]

The biggest loser from a Conservative Party victory in next month’s election might end up being Ireland. Prime minister David Cameron has pledged to renegotiate Britain’s EU membership should he win a second term, and hold a vote by the […]

The Government is expected to take in over €44bn in tax revenue this year. The surplus amounts to €2bn, or 5% more than was forecast in last October’s Budget. Rises in pay, falling unemployment, rising domestic demand, and lower taxes […]

Ireland’s deficit fell at an impressive rate at the tail end of last year, with the final quarter deficit just above the EU-imposed limit the Government will have to reach by the end of 2015. Minister for Finance, Michael NoonanMinister […]